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RUSSIAN OIL SUPPLIES
India in talks with Russia's Rosneft to tap Siberian rare earth reservesIndia is collaborating with Russian oil giant Rosneft to explore Siberia's rare earth deposits, aiming to secure vital mineral supplies. Th...- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
- India treads cautiously as Trump seeks fresh start with PM ModiUS President Donald Trump and Prime Minister Narendra Modi struck a friendly tone during their first face-to-face meeting in over a year, w...
- Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran warPresident Trump thanked Chinese President Xi Jinping and Russian President Vladimir Putin for remaining "neutral" during the conflict with ...
- Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
- IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
- Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
- G7 leaders meet in Evian-Les-Bains: United in support for Ukraine, agree to add pressure on RussiaG7 leaders meeting in Evian-les-Bains have pledged full support for Ukraine's territorial integrity. They will intensify sanctions against ...
- Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine warPresident Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...
- Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlookWhy are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...
- UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
- 'Europeans sell weapons, which are used to attack India': Jaishankar raises arms exports issueIndia's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...
- US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...
- Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....
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